News

Two major retailers close doors

Everyday Living and Sleep City have closed up shop after entering administration earlier this year.
Everyday Living and Sleep City have closed up shop after entering administration earlier this year.

TWO major Coffs Harbour retail stores, operated by the same troubled company, have closed up shop after entering administration earlier this year and staging wind-down sales.

PwC, the administrator for Furniture and Bedding Concepts trading locally as Everyday Living and Sleep City has announced it has closed the two stores off Mastracolas Rd and as a consequence staff have been made redundant.

"As part of the orderly business wind-down we have made the difficult decision to close this store and as a consequence staff have been made redundant," partner of PwC Michael Fung said.

"PwC has been in touch with the Federal Government Department that deals with General Employee Entitlements and Redundancy Scheme (GEERS) and will assist the employees with their applications" Mr Fung said.

GEERS is a Federal Government payment scheme to assist employees who have lost their employment due to the liquidation or bankruptcy of their employer and who are owed certain employee entitlements.

It covers capped unpaid wages, annual and long service leave, payment in lieu of notice and capped redundancy pay.
PwC was appointed to handle the administration of Furniture and Bedding Concepts Ltd. and four other related entities on Monday , February 13.

The companies included in the administration are: Furniture and Bedding Concepts Ltd, Everyday Sleep Trading Pty Ltd, Uinta Beds Pty Limited, SDM Marketing Pty Ltd and Global Victoria Pty Ltd.

Topics:  business, closed, coffs coast, sleep



Music festival to break down the stigma

YOUTH EVENT: Sydney metalcore band Polaris will headline Break Down The Stigma in the city square on October 7.

A FREE, all ages and drugs/alcohol-free music festival

'Hooping' for a better world to live in

HOOPED IN: Tiahna Goldbird, AKA Tiahna Goldbird, will lead the world with her World Hoop Day choreography.

Coffs Coast hula hoop enthusiast leads the world through dance moves

Twin bunch bumper for banana growers

LUCKY BUNCHES: Anthony, Adrian and Dominic Canale show off their fruitful banana tree which produced two bunches at once.

Unusual twin banana bunch brightens farmer's season

Local Partners

Lady Gaga confirms Super Bowl show

Lady Gaga

Lady Gaga to perform in coveted spot

Girls actors give emotional tributes to hit show

Actor Allison Williams

Actors farewell smash hit HBO show Girls after six seasons

Janet Jackson's pregnancy is 'best thing'

Janet Jackson

Janet Jackson can't wait to become a mum

Jay Z signs two-year movie and TV deal

Rapper Jay Z

Rapper Jay Z has signed a television and movie deal

Nowhere to Hyde: Matt Nable is Australia's man in demand

Matt Nable stars as Detective Gary Hyde in the TV series Hyde & Seek.

NABLE returns to the small screen amidst busy film work.

Marvel's Luke Cage S1E7: Manifest review

Mike Colter in a scene from the TV series Marvel's Luke Cage. Supplied by Netflix.

*WARNING: spoilers if you haven't seen Marvel's Luke Cage*

Beach-side real estate starts at $85k on Fraser Coast

HERVEY BAY REAL ESTATE: You can buy this townhouse in Scarness for under $300k.

Live your beach-living dream locally.

Spring property hard to find

SHORT ON SELLERS: Spring is yet to see the usual influx of vendors keen to sell.

Spring selling season off to a slow start

Coffs region is hot property

The region’s housing market is looking up, with projects on the radar in Tannum Sands and Boyne Island.

Units and houses are both pulling strong returns for Coffs

UPDATE: Former rodeo champ's sale rained out, now back on

Larkhill local Ken Consiglio is having an auction of most of the things on his property.

'People kept showing up and we had to turn them away'

Couple build their own 'tiny house' for $45k

Holly Bowen and Oli Bucher built their "tiny house" themselves, only hiring a plumber and an electrician. Photo/supplied

The house, which is built on a trailer and can be towed.

Sunshine Beach property breaks real estate record

The property overlooks Sunshine Beach, as the backyard lawn meets the sand.

Sunshine Beach mansion sale smashes real estate record